New Delhi: Aircraft maker Airbus Industrie has assured Prime Minister Narendra Modi that its outsourcing from India will increase to $2 billion from $ 400 million over the next five years as part of the Indian government's Make in India initiative.
This was conveyed to Modi during his tour of the Airbus headquarters on Saturday in Toulouse, in southern France, where he flew down from Paris. Modi arrived in France on Thursday night on the first leg of his three-nation tour, which will also take him to Germany and Canada.
External affairs ministry spokesperson Syed Akbaruddin tweeted: "500% increase in 5 years. @Airbus to PMA @narendramodi : Indian outsourcing to increase from $400 mil to $2 billion." "Make in India gains further momentum. $2 billion cumulative outsourcing planned by @Airbus from India by 2020," he posted.
12/04/15 Economic Times
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This was conveyed to Modi during his tour of the Airbus headquarters on Saturday in Toulouse, in southern France, where he flew down from Paris. Modi arrived in France on Thursday night on the first leg of his three-nation tour, which will also take him to Germany and Canada.
External affairs ministry spokesperson Syed Akbaruddin tweeted: "500% increase in 5 years. @Airbus to PMA @narendramodi : Indian outsourcing to increase from $400 mil to $2 billion." "Make in India gains further momentum. $2 billion cumulative outsourcing planned by @Airbus from India by 2020," he posted.
12/04/15 Economic Times
